4Way Retail Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30839338
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 2,400 SF
Gross Land Area: 1.52 Acres
Sale Price: $699,000
Unit Price: $291.25 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/10/2023

Overview / Comments

Ample parking available
No city taxes, attractive CA zoning
Approx. $150,000 invested in renovations
New roof, asphalt, plumbing, fenced, re-wired
Corner lot, 2 highway cuts in high traffic corridor
Additional pad included to develop, add parking
Engineer Plans: Grading, Excavation, Paving, etc.
Owner may carry: 25% down, 7% I/O, 5 Year term

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox County
Tax ID/APN: 062 209
Zoning: CA
Retail Clientele: General, Business
Property Condition: Good

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,623 26,093
Median Age: 41.28 41.54
Households: 3,818 10,409


Photograph of Listing Agent

G. Sam Tate, Jr., CCIM

NAI Koella | RM Moore KAAR CIE Member
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